[Stay on top of transportation news: Get TTNews in your inbox.] Americans grew more pessimistic this month about the direction of the economy, though a measure of consumer sentiment rose in the most ...
Weekly pending home sales increased 15.36% year over year and purchase applications rose 31%, supported by mortgage rates under 6.64% for 15 weeks. AI Summary Last week was a solid week for housing ...
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, increased to 6.82% from 6.77% Applications for a mortgage to purchase a home ...
Consumer sentiment is not just sour but on par with some of the worst economic times of my life, while current economic data shows a mix of good and bad. Read more here.
Long leading indicators remain neutral, with corporate profits improving to neutral and the yield curve showing some positive movement, but housing remains a drag. Short leading indicators are very ...